Day Trade Cheat Sheet - April 14, 2026 (Morning)

 ## MARKET MOOD: RISK-ON Overnight markets rallied strongly on easing tensions in the Middle East and optimism around potential US-Iran peace talks. The surge in tech and financials amid solid earnings reports and upbeat analyst upgrades is fueling a broad risk-on sentiment. ## TOP 5 HEADLINES 1. JPMorgan Chase Q1 earnings beat expectations → Impact: Boosts financial sector confidence and supports broader market rally. 2. Oracle adds AI features to Primavera Unifier software → Impact: Sparks a 19% jump in **$ORCL**, highlighting AI-driven growth potential. 3. Robinhood partners with Pinwheel for direct deposit launch → Impact: Lifts **$HOOD** shares 7.6%, signaling fintech innovation and user growth. 4. Lucid surges 5% as Uber ups robotaxi commitment → Impact: Strengthens EV and autonomous vehicle themes, supporting **$ALLO** and **$UBER**. 5. Treasury Secretary Bessent says Fed can wait on rate cuts amid oil surge → Impact: Suggests a cautious Fed stance, underpinning market stability despite inflation concerns. ## PRE-MARKET MOVERS ### Longs (Bullish Catalysts) **$ORCL** - AI software upgrade drives 19% jump **$ACN** - Strong earnings lift shares 6.9% **$ARM** - AI chip demand fuels 8.9% gain **$MSFT** - AI infrastructure expansion boosts 5.3% **$ALLO** - Lucid-related EV optimism pushes 10.4% higher **$HOOD** - New fintech partnership lifts 7.6% ### Shorts (Bearish Catalysts) **$WMT** - Shares down 2.2% on weak retail sales outlook **$TMUS** - Decline of 2.5% amid competitive pressures **$DVN** - Oil sector pressure drags shares 2.0% lower **$DFS** - Financials slip 1.2% despite sector strength **$PEP** - Consumer defensive weakness weighs, down 1.4% **$JNJ** - Profit warning leads to 1.4% decline ## INDEX BIAS **SPY:** BULLISH - Strong 1.22% gain driven by financials and tech earnings beats. **QQQ:** BULLISH - Outperformance with 1.54% rise on AI-related tech strength. **IWM:** BULLISH - Small caps lead with 2.19% surge, reflecting risk appetite and rotation into growth. ## SECTORS **Favor:** Technology - Led by AI upgrades and chip demand, XLK up 2.73%. **Avoid:** Energy - Slightly down 0.23% amid oil price volatility and supply concerns. ## CATALYST WATCH Events today that could move markets: - 08:30 AM ET: March Wholesale Inflation Data (watch for inflation trajectory) - 10:00 AM ET: March Producer Price Index (PPI) Release (expected stable, could influence Fed outlook) - After Market Close: Citigroup Q1 Earnings (expectations high after JPMorgan beat) - After Market Close: Tesla Earnings Preview (UBS upgrade to neutral adds interest) ## BOTTOM LINE **Today's Play:** Selective The dominant theme is a risk-on rally fueled by easing geopolitical tensions and strong earnings from financials and tech, especially AI-related plays. Look for opportunities in AI-driven tech stocks like **$ORCL**, **$MSFT**, and chipmakers **$ARM**. Financials also show strength with **$JPM** and **$C** gaining. Energy remains volatile and less attractive amid geopolitical uncertainty. Inflation data today could temper enthusiasm if surprises emerge, posing the biggest risk. Traders should be selective, focusing on high-conviction growth names while monitoring macro signals closely.